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Apartments in The Loop Chicago

1 - 30 of 509 Results
21
3D Tour
$1,945 - 2,945
Millennium Park Plaza
151 N Michigan Ave Chicago, IL
1 - 2 BR | Ask for Availability
Contact
Virtual Tour
Air Conditioning
Fitness Center
Dishwasher
Pool
0
$3,995
208 W Washington St
Chicago, IL
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
In Unit Laundry
Dishwasher
Fireplace
12
$1,937 - 3,249
25 W Randolph St
Chicago, IL
Studio - 3 BR | Ask for Availability
The Loop
12
$1,893
939 W Washington St
Chicago, IL
Studio | Ask for Availability
The Loop
15
$2,267
939 W Washington St
Chicago, IL
1 BR | Ask for Availability
The Loop
20
$4,714
939 W Washington St
Chicago, IL
3 BR | Ask for Availability
The Loop
16
$2,373
939 W Washington St
Chicago, IL
1 BR | Ask for Availability
The Loop
11
$2,667
66 W Randolph St Unit 2902
Chicago, IL
2 BR | Available Now
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Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
Dishwasher
$995 - 2,600
55 E. Washington St.
Chicago, IL
Studio - 3 BR | Available Now
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Heat Included
Air Conditioning
In Unit Laundry
Dishwasher
The Loop
18
$1,550 - 2,395
Pittsfield Apartments
55 East Washington St Chicago, IL
Studio - 2 BR | Available Now
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Dog Friendly
Cat Friendly
The Loop
0
$2,295 - 2,595
200 N. Dearborn St
Chicago, IL
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Fitness Center
The Loop
19
$1,500
5 N Wabash Ave, Unit 1507
Chicago, IL
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Dishwasher
The Loop
63
$1,805 - 3,315
Mda City Club Apartments
63 East Lake St. Chicago, IL
Studio - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
122
$1,712 - 2,784
188 West Randolph
Chicago, IL
Studio - 2 BR | Ask for Availability
Income Restricted
Section 8
The Loop
20
$1,975
205 W Randolph St Unit 1807
Chicago, IL
1 BR | Feb. 16, 2025
Contact
Dog Friendly
Cat Friendly
Storage
Dishwasher
The Loop
21
$2,780
205 W Randolph St Unit 2006
Chicago, IL
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Dishwasher
The Loop
17
$ Ask - 2,530
Century Tower
182 Lake Street W Chicago, IL
Studio - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Fitness Center
Dishwasher
21
$3,023
20 E Adams St Unit 609
Chicago, IL
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
Dishwasher
13
$1,850
20 E Adams St Unit 215
Chicago, IL
1 BR | Available Now
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Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
Dishwasher
13
$1,845
20 E Adams St Unit 210
Chicago, IL
Studio | Available Now
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Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
Dishwasher
15
$1,790 - 3,055
The Alfred
30 East Adams St. Chicago, IL
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Fitness Center
9
$2,400
201 W Lake St Unit 2406
Chicago, IL
1 BR | Jan. 10, 2025
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Dishwasher
The Loop
1
$5,485
215 W Lake St Unit 2310
Chicago, IL
3 BR | Jan. 10, 2025
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Dishwasher
The Loop
25
$2,155
320 N. Michigan
Chicago, IL
1 BR | Available Now
Contact
Cat Friendly
Virtual Tour
In Unit Laundry
Fitness Center
Dishwasher
116
$2,567 - 3,828
851 W Grand St
Chicago, IL
1 - 2 BR | Ask for Availability
The Loop
23
$1,895
180 W. Adams
180 W. Adams St Chicago, IL
1 BR | Available Now
Contact
In Unit Laundry
Fitness Center
The Loop
$1,100
Multiple Addresses
Chicago, IL
3 BR | Available Now
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The Loop
15
$1,989
55 W Hubbard St Unit 1705
Chicago, IL
Studio | Available Now
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Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
Dishwasher
17
$2,469
55 W Hubbard St Unit 1601
Chicago, IL
1 BR | Available Now
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Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
Dishwasher
22
$3,487
55 W Hubbard St Unit 2512
Chicago, IL
2 BR | Available Now
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Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
Dishwasher
1 - 30 of 509 Results
  1. Home
  2. Chicago
  3. The Loop
Frequently Asked Questions

How many apartments are available in The Loop on Rentable.co?

Rentable.co has over 483 apartments available near The Loop.

What is the average rent for a studio apartment in The Loop?

The average rent for a studio apartment near The Loop is around $1,872 per month.

What is the average rent for a one-bedroom apartment in The Loop?

The average rent for a one-bedroom apartment near The Loop is around $2,400 per month.

What is the average rent for a two-bedroom apartment in The Loop?

The average rent for a two-bedroom apartment near The Loop is around $3,365 per month.

How many apartments are available in Chicago, IL on Rentable.co?

Rentable.co has over 182,978 apartments available in Chicago.

What is the average rent for a studio apartment in Chicago, IL?

The average rent for a studio apartment in Chicago is around $1,360 per month.

What is the average rent for a one-bedroom apartment in Chicago, IL?

The average rent for a one-bedroom apartment in Chicago is around $1,800 per month.

What is the average rent for a two-bedroom apartment in Chicago, IL?

The average rent for a two-bedroom apartment in Chicago is around $2,000 per month.

How expensive is it to rent an apartment in Chicago, IL?

For a two-bedroom apartment in Chicago, the average rent price is $2,000 per month, which is higher than the national average of $1,600 per month.

Can I afford an apartment for rent in Chicago, IL?

Based on average rent prices in Chicago, to afford a studio apartment you would need an annual household income of $54,000 to live comfortably.

The Loop Neighborhood Summary

This is the area most people are talking about when they say “downtown Chicago” — the second most important commercial district in the U.S. The Loop, Chicago’s central business district, houses brands like MillerCoors, Morningstar, Exelon Corporation, Morton Salt, and dozens more companies that add up to more than a quarter of Chicago’s job market. For the less business-minded, the North Loop also has two main widely renowned features: The Willis Tower and Millennium Park. Willis Tower, formerly known as the Sears Tower, is the U.S.’s second-tallest building — second to the One World Trade Center in NYC — at 108 stories. Millennium Park is where you’ll find Anish Kapoor’s “Cloud Gate” (aka “that iconic mirrored bean sculpture”) as well as the incredible Jay Pritzker Pavilion, which is actually classified as a work of art. Naturally, the neighborhood is also exploding with culture: the Chicago Cultural Center, Art Institute of Chicago, and the Theater District are all in The Loop.

Although it’s a predominantly business-driven area, there are several rental options in The Loop. However, living in one of the world’s centers for culture and commerce comes at a price, with some monthly rents topping $12,000. Fortunately, they mainly range from $2,000 to $3,000, and are readily available year-round.

Chicago:
December Rent Report

Welcome to the December 2024 Chicago Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the December 2024 key findings and figures for the Chicago rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Chicago and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Chicago average rent prices in the chart below.

Monthly Rent Report

$2,350
$1,760
$1,180
$590
$0
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
Dec. 2024
1 BR       2 BR

Chicago Rent Prices Increase From November to December

Chicago rent prices increased over the last month. From November to December, the city experienced a 0.58% increase for the price of a one-bedroom apartment. The rent price for a Chicago one-bedroom apartments currently stands at $1,914.0.

When we take a look at the two-bedroom comparison from November to December, Chicago experienced a -0.61% decrease for the price of a two-bedroom apartment. The rent price for a Chicago two-bedroom apartments currently stands at $2,126.0.

December Prices: Chicago vs. Surrounding Areas

Schaumburg, IL
Des Plaines, IL
Chicago, IL
Evanston, IL
Arlington Heights, IL
Naperville, IL
Oak Park, IL
$2,056
$1,979
$1,903
$1,778
$1,449
$1,412
$1,346
$0
$700
$1,400
$2,100
$2,800
Median 1 BR Rent

Rent Prices in Chicago and Surrounding Areas

Rent prices have increased in Chicago over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 4 of the Chicago suburbs increased last month. On the other hand, 2 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Oak Park, IL, Arlington Heights, IL, Schaumburg, IL, Des Plaines, IL .

  • Rent decreased in Naperville, IL, Evanston, IL.

  • 2 suburbs are currently priced higher than the city of Chicago.

  • 4 suburbs are currently priced lower than the city of Chicago.

December 2024 Pricing Trends: Chicago vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,134
$3,160
$2,389
$2,353
$1,914
$1,318
$1,255
$1,234
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Chicago Rent Prices More Affordable Than Major Cities

Rent growth in Chicago over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Chicago average rent prices appear to be relatively affordable for local residents.

The price for a Chicago one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Chicago and surrounding area rent prices, take a look at the complete data set below.

Data set for Chicago and suburbs

1 BR December 1 BR M/M % Change 2 BR December 2 BR M/M % Change
Chicago, IL $1,903.0 0.90% $2,139.0 0.19%
Oak Park, IL $1,346.0 0.37% $2,087.0 3.83%
Naperville, IL $1,412.0 -0.56% $1,838.0 0.33%
Evanston, IL $1,778.0 -0.39% $2,311.0 1.81%
Arlington Heights, IL $1,449.0 5.23% $1,932.0 -0.16%
Schaumburg, IL $2,056.0 1.03% $2,522.0 1.37%
Des Plaines, IL $1,979.0 2.27% $2,451.0 3.64%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.

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